Golar LNG (GLNG) has released an update.
Golar LNG has achieved significant milestones, including a 20-year FLNG deployment in Argentina and a commercial reset arrangement with bp for the FLNG Gimi, which is expected to enhance liquidity by $0.5 billion. The company reported a Q2 net income of $26 million and an impressive Adjusted EBITDA backlog of around $11 billion. Additionally, they have declared a quarterly dividend of $0.25 per share, while also advancing the development of their MKII 3.5mtpa FLNG with strong client interest in further FLNG projects.
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